Hanssak Co., Ltd.
Hanssak Co., Ltd. provides IT security solutions in South Korea. It offers SecureGate, a network link solution that provides data link between servers in the separated network environment and the file transmission functions; PassGuard, a password management solution; OfficeGate, a security electronic fax solution; and Unibill, an integrated billing solution. The company was founded in 1992 and is… Read more
Hanssak Co., Ltd. (430690) - Total Assets
Latest total assets as of March 2025: ₩45.04 Billion KRW
Based on the latest financial reports, Hanssak Co., Ltd. (430690) holds total assets worth ₩45.04 Billion KRW as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hanssak Co., Ltd. - Total Assets Trend (2022–2024)
This chart illustrates how Hanssak Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hanssak Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Hanssak Co., Ltd.'s total assets of ₩45.04 Billion consist of 26.9% current assets and 73.1% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩180.00 | 12.1% |
| Accounts Receivable | ₩3.55 Billion | 8.2% |
| Inventory | ₩1.85 Billion | 4.3% |
| Property, Plant & Equipment | ₩24.90 Billion | 57.3% |
| Intangible Assets | ₩1.47 Billion | 3.4% |
| Goodwill | ₩141.20 Million | 0.3% |
Asset Composition Trend (2022–2024)
This chart illustrates how Hanssak Co., Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hanssak Co., Ltd.'s current assets represent 26.9% of total assets in 2024, a decrease from 51.1% in 2022.
- Cash Position: Cash and equivalents constituted 12.1% of total assets in 2024, down from 22.3% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2022.
- Asset Diversification: The largest asset category is property, plant & equipment at 57.3% of total assets.
Hanssak Co., Ltd. Competitors by Total Assets
Key competitors of Hanssak Co., Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Hanssak Co., Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Hanssak Co., Ltd. generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hanssak Co., Ltd. generates $ 0.29 in net profit.
Hanssak Co., Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.86 | 1.75 | 1.75 |
| Quick Ratio | 0.68 | 1.54 | 1.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-1.37 Billion | ₩ 5.06 Billion | ₩ 5.06 Billion |
Hanssak Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between Hanssak Co., Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.47 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | ₩43.47 Billion |
| Market Capitalization | $12.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hanssak Co., Ltd.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hanssak Co., Ltd.'s assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hanssak Co., Ltd. (2022–2024)
The table below shows the annual total assets of Hanssak Co., Ltd. from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩43.47 Billion | -4.43% |
| 2023-12-31 | ₩45.49 Billion | +113.85% |
| 2022-12-31 | ₩21.27 Billion | -- |